[Report No. 119–370]
September 15, 2025
Mr. Lynch (for himself and Mr. Nunn of Iowa) introduced the following bill; which was referred to the Committee on Financial Services
November 4, 2025
Reported with an amendment, committed to the Committee of the Whole House on the State of the Union, and ordered to be printed
Strike out all after the enacting clause and insert the part printed in italic
For text of introduced bill, see copy of bill as introduced on September 15, 2025
To amend the Kleptocracy Asset Recovery Rewards Act to extend the Kleptocracy Asset Recovery Rewards Pilot Program, and for other purposes.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
Section 1. Short title
This Act may be cited as the Kleptocracy Asset Recovery Rewards Program Act
.
Sec. 2. Kleptocracy Asset Recovery Rewards Program
(a) In general
Section 9703 of the Kleptocracy Asset Recovery Rewards Act (31 U.S.C. note prec. 9701) is amended—
(1)
in the heading, by striking Kleptocracy Asset Recovery Rewards Pilot Program
and inserting Kleptocracy Asset Recovery Rewards Program
;
(2)
in subsection (a)(1), by striking ‘Kleptocracy Asset Recovery Rewards Pilot Program’
and inserting ‘Kleptocracy Asset Recovery Rewards Program
;
(3)
in subsection (g)(1), by striking for 3 years
; and
(4)
by striking subsection (i) and inserting the following:
(i) Sunset
This section shall cease to have any force or effect after the end of the 7-year period beginning on the date of enactment of the Kleptocracy Asset Recovery Rewards Program Act.
(b) Conforming amendment
The table of contents in section 2(b) and in title XCVII of the National Defense Authorization Act for Fiscal Year 2021 are each amended, in the item relating to section 9703, by striking Kleptocracy Asset Recovery Rewards Pilot Program
and inserting Kleptocracy Asset Recovery Rewards Program
.